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Gatekeeper Application March 12, 2020 2300 BROADWAY 2300 BROADWAY

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Page 1: 2300 - webapps.redwoodcity.orgwebapps.redwoodcity.org/files/cd/Gatekeeper/Tishman-Gatekeeper-App_Final.pdfGatekeeper Application March 12, 2020 2300 BROADWAY 2300 BROADWAY. Contents

Gatekeeper ApplicationMarch 12, 2020

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Contents

Redwood City Staff, Council, and Community Members,

Tishman Speyer is pleased to present our Gatekeeper application for a

commercial development at 2300 Broadway, also known as the Chase Bank

Property. While Tishman Speyer is new to Redwood City, we are a family

owned and operated business founded in 1978 with a proven track record

of developing high-quality projects that having a positive impact on the

communities in which we operate.

Our application is based on initial feedback we have received over the course

of dozens of in-person meetings with community members who are invested

in and care deeply about the future of Redwood City. Three common themes

from this outreach have informed this application:

New Public Green Space & Enhanced Redwood Grove

Given its adjacency to the Courthouse Square, 2300 Broadway presents

a unique community-led placemaking opportunity that can expand on the

incredible success of the Square. We envision partnering with the City to

create over 20,000 square feet of public green space directly adjacent to the

Square that can preserve and enhance the grove of Redwood trees at the

corner of Hamilton & Broadway. This space can be complimented by active

uses and public space in the ground floor of our building.

Affordable Housing

Affordable housing is one of the most critical issues facing both Redwood

City and the Bay Area. We are proud to be partnering with MidPen Housing

on an affordable housing solution as part of our proposal. Through this

partnership, Tishman Speyer will make a commitment to affordable housing

that we believe can set a new standard for commercial projects not only in

Redwood City, but the region.

Active Storefront Uses

Broadway is a lively street, with many successful restaurant, entertainment

and retail uses. Unfortunately, when the Chase Bank building was built almost

a half-century ago, it was constructed in a set-back, auto-centric manner, that

detracts from the pedestrian experience, breaking up the continuity of retail

space. The proposed project would significantly increase active storefront

square footage, and we would work with the City and community to curate

that space in a manner that best meets the needs of Redwood City.

We hope this application demonstrates that we are actively engaging and

listening to the community. If given the opportunity to move forward, we are

committed to continue this process to understand the community's concerns

and priorities. Through this process, we believe we can execute a project that

has a lasting positive impact on Redwood City.

Sincerely,

Henry Sears

Tishman Speyer

[email protected]

415 297-2834

One Bush St , Suite 500San Francisco, CA 94104

415 536-1850www.tishmanspeyer.com

Attn: Anna McGill , Pr incipal Planner

City of Redwood City 1017 Middlefield Road Redwood City, CA 94063

1 Background

2 Placemaking

3 Strategic Priorities

4 Community Benefi ts

5 Elevations & Views

6 Application Checklist

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Background

Located adjacent to the 2300 Broadway

site, Courthouse Square is the principal

gathering place of the Redwood City

community. Host to over 70 events a

year, bringing the community together

for movies, music, and cultural events,

the Square is an incredible place to be.

It is a known and beloved landmark

that will be recognized and carefully

supported by this project.

Courthouse Square

Movies in the Square

Fiestas Patrias

Music in the Square

Our proposed project has the potential to create spaces

that can support and build upon the placemaking success

of Courthouse Square, increasing its offerings and

opportunities. By taking what is currently an underutilized

site and creating urban green spaces for people of all age

groups adjacent to the Square, the Project can improve

this great urban place. Placemaking is about building on

the success of what has come before to create something

larger than the sum of its parts that has resonance with the

community of Redwood City.

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2300 Broadway is located at the intersection of Broadway and Hamilton Street. Broadway's thriving shops and bistros support a sidewalk community that has made Redwood City one of the most successful downtowns in the Bay Area. Across the street, the grand Fox Theatre makes for a memorable icon. It is places like these that make Redwood City's downtown life so great.

The Project site at 2300 Broadway is currently underutilized in this exceptional context. This site is mostly given over to surface parking areas and a squat, beige bank building that offers little to the life of downtown aside from the function of the bank itself. While the landscape has beautiful trees, the public's access to and ability to enjoy their canopy could be improved - currently there are low walls running through the redwood grove where one could imagine a path with benches instead. The rest of the landscaped areas pull back from the sidewalk - distinctly in opposition to the guidelines of the Downtown Precise Plan and the urban character of the previously mentioned neighboring blocks of Broadway.

With other pedestrian improvements underway, Hamilton Street has the potential to become a pedestrian throughfare linking CalTrain to Courthouse Square, County Building 3, and other parts of Redwood City to the North. With further improvement, it has the potential to support a larger network of multi-modal transportation to and from downtown.

Broadway and Hamilton

Bistros on Broadway

The Fox Theatre

Intersection of Broadway and Hamilton, with the site's existing Redwood trees

Current view along Broadway Current view along Hamilton Street

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Site Strategy

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Context Map

Food / Cafe

Civic / Cultural

Entertainment

Retail

Bank

Professional

County

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PROJECT

SITE

This context map illustrates the current distribution of active uses along Broadway and the Project's proximity to CalTrain. We can see from the current uses on site that this block is under-contributing to the rich life of Broadway.

This project intends to bring active uses, public outdoor space, family-friendly program, and a compelling streetscape to both Broadway and Hamilton Street. This will allow the block to contribute its fullest potential to the character of Broadway and downtown Redwood City.

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Placemaking

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REDWOOD GROVE

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BUILDING FOOTPRINT

COURTHOUSE SQUARE

COURTHOUSE MUSEUM

COUNTY BUILDING #3

FOX THEATRE

HALL OF JUSTICE & RECORDS

The Project will work with the City and community to create new publicly-accessible spaces that support the current offerings of Courthouse Square. These will stand alone as memorable places, Redwood Grove & Hamilton Green, and will stitch respectfully into their context to support a Downtown which is more than the sum of its parts. These two publicly-accessed spaces will be at ground level, accessible and barrier-free, and contribute much to the public realm.

Hamilton Green

Envisioned as a pedestrian-only public space to support Courthouse Square, the Project will work with the city's Parks, Recreation and Community Services to develop a space that meets the city's needs for downtown green space and contributes meaningfully to public life.

Redwood Grove

By saving and improving upon the current Redwood trees at the Southeast corner of the site, the Project will create roughly 5000 sf of naturally-landscaped public outdoor space that will allow the community better interaction with the trees, their shade, and their lovely understory.

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Responsive to Place

222 Second Street, San Francisco, developed (2015), owned and operated by Tishman Speyer

400 Castro Street, Mountain View, CA

developed (2002), owned and operated by Tishman Speyer

Uno Dos Tacos at 595 Market Street, San Francisco Woodland Market at 201 Folsom Street, San Francisco

Tishman Speyer is a leader in providing

beautiful and well-maintained privately-

owned public open spaces in the Bay Area

and beyond.

222 2nd features an expansive 8,600 SF

indoor public open space with an Equator

Coffee, Frank Stella artwork, public

wifi , and public restrooms. Visible and

accessible to the public and sidewalk via

large operable panels, this space has

become a favorite spot to meet in the city.

400 Castro Street supports an active

ground fl oor with the Cascal restaurant,

Sweetgreen, and Peet's Coffee. Each of

these spots includes outdoor seating.

Woodlands Market, one of the Bay Area’s

best independent markets, was the fi rst

full-service grocery store to open in

the Rincon Hill neighborhood as part of

Tishman Speyer's Lumina residential

project. It has been an overwhelming

success with the neighborhood.

595 Market is home to Uno Dos Tacos'

covered outdoor dining steps away from

the bustling corner of 2nd & Market.

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Responding to Place

Respect Courthouse Museum Save the Redwood Grove

Frame the Grove and Square Make Pedestrian Connections

Downtown Precise Plan allows 136'

height, the Project proposes 112' to

respect the height of Courthouse

Museum, a precedent that has been set by

the community in other nearby projects.

Downtown Precise Plan does not allow

setbacks at grade, however, the Project

proposes saving the beloved Redwood

Grove.

Upper stories of the Project should

step back to frame Redwood Grove and

Courthouse Square.

Strengthening walkability, the Project

creates Hamilton Green as a pedestrian

only connection to Caltrain.

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Existing Site

Underutilized property

No streetscape on Winslow

Mostly paved parking lots

Site walls encroach on trees

Does not contribute to Broadway's active uses

No interaction with Hamilton

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The existing site does not contribute to

downtown Redwood City's character as

much as it could.

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Proposed Site Plan

Working with the community and with

Redwood City Parks, Recreation &

Community Services, the Project can

implement a community-led vision for

Hamilton Green and Redwood Grove that

will best support the downtown area.

Please note, Chase Bank has the option

to return to the site with a signifi cantly-

reduced footprint and the condition that

they meet the City's active storefronts

requirement.

Community for All

Playspaces, outdoor community spaces

Active Uses

Outdoor dining, seating areas, coworking

Redwood Grove

Shade, picnics, gathering area for families

Hamilton Green

Downtown green space, pedestrian walkWIN

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Plans

The Project proposes:

� 9 stories

� 112' height, not to exceed Courthouse cupola precedent

� At least 15,000 SF of ground level retail and amenities

� Approx. 200,000 GSF of offi ce on upper levels

� 5,000 SF of publicly-accessed Redwood Grove

� 15,000 SF of public space Hamilton Green

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Ground Level Plan Typical Upper Level Plan

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Strategic Priorities

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Strategic Priorities: Housing

Commitment

The Project will commit to contributing

$40/SF towards affordable housing,

double the required fee of $20/SF. Based

on our proposal of approximately 200,000

GSF of offi ce, the project would contribute

$8 million towards an affordable housing

project with Midpen.

While we believe an off-site housing

execution can create the biggest

contribution to affordable housing, if

the Council and community prefer, the

Project can construct on-site affordable

housing. Additionally, Tishman Speyer

is open to partnering with the County of

San Mateo to incorporate housing on the

adjacent law library site or local school

district to provide housing in Redwood

City. Given the complexity of funding and

constructing affordable housing, Tishman

Speyer is open to all these options in

order to construct affordable housing

concurrently with this application.

Focus on Lower Income

Affordability

The Tishman Speyer / MidPen partnership aims at providing housing at deep affordability levels, in order to better align with the City’s RHNA goals.

Maximize Affordable

Housing Production

The Tishman Speyer / MidPen partnership can commit to building at least 40 units at low and very low income levelsthrough offsite affordable housing, with the possibility for more, whether it be the development of new units or the conversion of existing apartments to affordable. The Project is also open to exploring on-site housing, though this would create trade-offs versus an offsite execution.

Partner on Real Housing

Tishman Speyer is partnering with MidPen Housing to provide actual units in Redwood City as opposed to funds, resulting in expedited delivery of much-needed affordable housing to the community.

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Housing: An Experienced Partnership

Tishman Speyer

Since 2007, Tishman Speyer has developed more than 500 permanently affordable homes in San Francisco alone. Each project has been the result of strong public-private partnerships requiring deep relationships with public sector stakeholders. Tishman Speyer is committed to developing and operating properties that deliver enduring value to occupants and local communities around the world. Contributing to the development of vibrant, beautiful and environmentally sound communities is essential to our success.

MidPen Housing

MidPen Housing is one of the nation’s leading non-profi t developers, owners and managers of high-quality affordable housing. In the 45-plus years since MidPen was founded, we have developed over 100 communities and 8,500 homes for low-income families, seniors and special needs individuals throughout Northern California. Our developments are award-winning and nationally recognized.

Partnering with MidPen Housing Corporation will allow Tishman Speyer to evaluate and implement an affordable housing solution through direct investment of affordable housing impact fees. Options being explored include both new construction and preservation.

Civic Center Plaza, Redwood City 1400 Mission Street (190 workforce units)

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March 9, 2020

Anna McGillActing Principal PlannerCity of Redwood City1017 Middlefield RoadRedwood City, CA 94063

RE: Tishman Speyer Gatekeeper Application for 2300 Broadway in Redwood City

Dear Ms. McGill:

MidPen Housing Corporation (“MidPen”) is proud to be working with Tishman Speyer as their affordable housing partner on the 2300 Broadway office project. Our organizations are partnering to produce affordable housing at the low and very low-income levels within the City of Redwood City. By directly investing the affordable housing impact fees, plus additional funding being offered by Tishman Speyer, we are confident we will be able to accelerate the creation of new, affordable homes for the Redwood City community.MidPen and Tishman Speyer are committed to finding a solution that exceeds the City’s base requirements, providing actual units as opposed to funds, delivering a greater number of affordable units, and providing affordable units at deeper affordability levels.

MidPen is one of Northern California’s largest non-profit developers, dedicated to furthering its mission to provide safe, affordable housing of high quality to those in need and to establish stability and opportunity in the lives of those we serve. MidPen has a proven track record of developing over 8,500 affordable homes in Northern California, including 75+ communities in Silicon Valley. Our real estate development team of over 50has deep experience in undertaking the planning, resident and community outreach, entitlements, financing, and development work necessary to successfully complete projects. We have the expertise to help Tishman Speyer deliver an affordable housing solution that will be a long-term community asset. We look forward to engaging with the community to implement a housing plan that maximizes the meaningful contribution by Tishman Speyer.

Sincerely,

Nevada V. MerrimanDirector of Housing Development

CC: Matthew O. FranklinJan M. LindenthalFelix AuYeung

Sincerely,

Nevada V Merriman

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Commitment

Tishman Speyer will support Redwood City's priority to create and maintain a multimodal, safe, and accessible transportation networkthrough upfront construction of pedestrian improvements on Hamilton Green, on-going maintanance and upkeep of Hamilton Green, aggressive Transportation Demand Management (TDM) planning, and support for Transportation Management Associations (TMA).

Strategic Priorities: Transportation

Support Zero Emissions

By providing bike infrastructure including secure bike parking, changing rooms and showers as part of the Project, Tishman Speyer will support zero emission commuting.

Tishman Speyer will work with the City to right-size on-site parking in order to minimize traffi c impacts by the Project and create a true regional model for Transit Oriented Development.

Connect to Transit

The Project site is located one block from CalTrain for commuting via this regional transportation. The pedestrianisation of Hamilton Street is another step to help make CalTrain more easily accessible to the people of Redwood City.

Improve Walkability

Tishman Speyer would work with the community to create a vision to convert a portion of Hamilton Street adjacent to 2300 Broadway to a pedestrian street, in order to support walking, biking, and pedestrian connections to transit and further the implementation of Vision Zero strategies in the downtown area.

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Building on Opportunities

Transportation

The Project has multiple opportunities to build upon Redwood City's pedestrian-friendly and regionally-connected potential. Creating a pedestrian only Hamilton Green and linking it to the larger pedestrian pathway from Caltrain to County and offi ce buildings creates a safe transit oriented arrival into downtown.

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Strategic Priorities: Children and Youth

Make Space for Children

The Coast Redwood trees on the Project site are often the gathering place of children and caregivers during community events. The Project will support this use of the space by improving the Grove and expanding safe and family-friendly opportunities along Hamilton Walk to include retail, and play space.

Increase Opportunities

for Families

One of the great strengths of Courthouse Square is its appeal to families. The project will work with Redwood City Parks, Recreation & Community dept. to identify goals and program Hamilton Green to best support the downtown area, the Courthouse Musem and the Square.

Support Community

Engagement,

Particularly Youth

The Project will host design workshops for Redwood City youth to provide input throughout the process. The Partnership between Tishman Speyer and WRNS Studio is experienced in community engagement.

The Project will also provide publicly-accessible ground fl oor restrooms designed for families, with baby-changing areas and space for caregivers to children and other members of the community that may require assistance.

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Tishman Speyer

Tishman Speyer’s community engagement program is predicated on the principals of respect, innovation, and collaboration. We take pride in our track record of winning community support for projects and creating vibrant places. By being proactively inclusive and responsive to stakeholders’ goals, we are confi dent we can make a positive contribution to the public realm in Redwood City.

WRNS Studio

Based in San Francisco and deeply committed to improving the public realm, WRNS Studio has extensive experience in running community design processes that engage children and youth along with adult members of the community. We know how to work together to achieve projects which are beautiful, sustainable, and have a meaningful connection to place.

Community Engagement: An Experienced Partnership

Design workshop with students at Sacred Heart Academy Public design meeting for a new park

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Community Benefi ts

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General Plan & City Council Goals

Community for All

By investing in construction and ongoing maintenance for Hamilton Green and Redwood Grove, the Project can bring green space to the heart of Redwood City. This supports the Community For All Ages goal to plan for a citywide Park System Master Plan, as well as contributes to the Downtown Park Feasibility and Site Assessment Plan.

Active Storefronts

By providing 10,000 SF of active retail space on the ground level, the Project supports the Economic Development goal. Well-located and connected space helps attract and retain high sales tax generating businesses as well as support the growth of small and locally‐owned businesses.

Eyes on the Street

With close proximity to the Caltrain station, the Project, and particularly Hamilton Walk, will get more people and "eyes on the street". This contributes to the Public Safety Initiative to expand the new Neighborhood Watch model and supports Project SAFE in addressing blight and public safety concerns at Sequoia Station and the adjacent transit hub.

Support Cycling

The Project can contribute to the Manager's Mobility Partnership by creating and promoting a portion of a North‐South bicycle route through Redwood City, contributing to City Council's Transportation Initiative.

This has the added benefi t of contributing to a regional transportation network, one of the Strategic Priorities.

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Raising the Standard for Community Benefi ts

Community

Partnerships

The Project commits to partnering with the City on a vision for Hamilton Green that supports and expands the community's existing use of Hamilton Street for events.

Public Amenities

The Project will provide publicly-accessible restrooms that accommodate families with children.

The Project will also provide free and secure parking for volunteers at the adjacent County History Museum, in addition to making the parking garage available to the public on nights and weekends.

Green Space Downtown

The Project will commit to improving both Hamilton Green and Redwood Grove at an estimated cost of $4 million, providing much desired green space downtown. The Project will also commit to long term maintainance at an est. annual cost of $68,250 (in 2020 dollars). Over the fi rst ten years, this could save Redwood City approximately $1 million in maintenance expenses.

Affordable Housing

Commitment

The Project will commit to contributing $40/SF towards affordable housing, double the required fee of $20/SF. Based on the proposed approximately 200,000 GSF of offi ce, the Project would contribute $8 million towards an affordable housing project in partnership with MidPen, double the $4 million required.

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Elevations and Views

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The Project will build upon the success of Courthouse Square, extending active uses down Broadway.

Placemaking

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The current view when heading North on Hamilton St.

Placemaking

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The Project's potential to transform Hamilton Street into Hamilton Green - a great public space.

Placemaking

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The current streetscape along Broadway to the South of the site - underutilized potential.

Placemaking

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The Project would locate active storefronts along Broadway and increase the visibility of and access to Redwood Grove.

Placemaking

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The existing Redwood trees at the corner of Broadway and Hamilton, together with site walls and surface parking.

Placemaking

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The improved and publicly-accessible Redwood Grove with good pedestrian access and seating to better enjoy it.

Placemaking

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Existing Hamilton St. streetscape - not engaging the public realm, not supporting downtown sidewalk life.

Placemaking

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The transformation into Hamilton Green - a great public space, actively engaged with the community and programs.

Placemaking

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Further along Hamilton Street - the existing site is dedicated to paving, parking, and cars.

Placemaking

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Hamilton Green would much better contribute to Courthouse Square, the Fox Theatre, and downtown life.

Placemaking

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Application Checklist

1. Conceptual Drawings/Renderings:

a. Site plan: a site plan to show site and building footprint layout

b. Floor plans: basic fl oor plans showing land use types, approximate square footages and/or unit count

c. Elevations: Show general massing and/or design, including potential hieght range, density, and/or F.A.R.

2. Project Description (to include):

a. Council Strategic Priorities served by the project

Strategic Priority: Housing

Strategic Priority: Transportation

Strategic Priority: Children & Youth

b. Other General Plan or City Council goals served by the project

c. Explanation of community benefi ts that exceed the minimum requirement

d. Studies done within the last three years which may affect the site or property

e. Any other relevant information

Gatekeeper Submittal Requirements

pages 24-35

pages 7 & 11

page 12

page 9, 12, pages 24-35

pages 2 & 4

pages 14-16

pages 17 & 18

pages 19 & 20

page 22, pages 24-35

page 23, pages 24-35

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We look forward to being your

neighbor.

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PRICE AVE

VETERANS BLVD

WHIPPLE AVE

REDWOOD CITY DMV

SITE

CONVENTION WAY

SITE INFORMATION

Current General Plan: CO - Commercial Office

Current Zoning: CO - Commercial Office

Current Use: 2 Story Office Building

Parcel Size (Area): 0 .78 acres

Distance to Caltrain:< 0.5 mile

REDWOOD CITY, CA | AUGUST 27, 2020

609 PRICE AVE | AREA PLAN0 100’50’

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201’

224.4’

PRICE AVE

179’

160.5

REDWOOD CITY, CA | AUGUST 27, 2020

0 40’20’

609 PRICE AVE | EXISTING CONDITIONS

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SITE INFORMATION

Current General Plan: CO - Commercial Office

Current Zoning: CO - Commercial O ice

Current Use: 2 Story Office Building

Parcel Size (Area): 0 .78 acres

Distance to Caltrain:< 0.5 mile

201’

224.4’

160.5

179’

PRICE AVE

10’

18’

12’

10’

20’

41 PARKING SPACES

BIKE ST.

8

8

8

2

15

MAINT.

MECH.

TRASH

ELEC.

MANAGEMENT

LOBBY

MAIL

T

REDWOOD CITY, CA | AUGUST 27, 2020

0 40’20’

609 PRICE AVE | SITE PLAN

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3rd Floor Plan 4th-6th Floor Plan2nd Floor Plan

3BR

1BR

2BR

2BR

LAUNDRY LAUNDRY

LOBBY

COURTYARD

ST

1BR1BR

1BR

2BR

COMMON

1BR1BR1BRSERV.

T

3BR

3BR 3BR 3BR 3BR

1BR 1BR

2BR 2BR

2BR 2BR

1BR

LOBBY LOBBYST ST

1BR 1BR1BR 1BR

1BR 1BR1BR 1BR

2BR 2BR

2BR 2BR

1BR 1BR1BR 1BR2BR 2BR

T T

3BR 3BR

3BR 3BR 3BR 3BR

BUILDING AREASHOUSING UNIT SUMMARY 1br 2br 3br Unit Count Gross Area Residential Parking Office Common Circ./Serv. CourtyardGround Floor ‐ ‐ ‐ ‐ 22,455 ‐ 16,467 936 ‐ 5,052 ‐2nd Floor 7 3 4 14 17,441 11,028 ‐ ‐ 1,476 4,937 4,8513rd Floor 7 5 4 16 17,441 12,964 ‐ ‐ 4,477 ‐4th Floor 8 5 4 17 17,441 13,662 ‐ ‐ ‐ 3,779 ‐5th Floor 8 5 4 17 17,441 13,662 ‐ ‐ ‐ 3,779 ‐6th Floor 8 5 4 17 17,441 13,662 ‐ ‐ ‐ 3,779 ‐TOTAL 38 22 20 80 109,660 64,978 16,467 936 1,476 25,803 4,851Multifamily Unit % 48% 27% 25% 100% GROSS AREA does not include courtyard area

target unit mix 0% 0% 0% 0%Unit Sizes 1br 2br 3br TOTALS SITE STATSGross Residential Area ‐ ‐ ‐ 64,978 ‐ Zone Site Area (sf) Site Area (ac) FAR DensityNet Residential Area ‐ ‐ ‐ 58,480 33,743 0.77 3.25 103 duaAVERAGE NET UNIT SIZES ‐ ‐ ‐ 731 overall net avgAVERAGE GROSS UNIT SIZES ‐ ‐ ‐ 812 overall gross avg

‐ ‐ ‐ ‐ target avg unit gross unit size

RES PARKING SUMMARY SpacesStandard parking 36             Accessible spaces 5               Compact parking ‐            TOTAL 41             Res Parking Ratio 0.5             per unitVisitor parking on site 0

RETAIL PARKING SUMMARY SpacesParking (on‐street) 47

‐‐

TOTAL 47Retail Parking Ratio 2.9 per 1000 sf

OUTDOOR AREAS TotalsShared Terraces ‐Courtyard 4,851Private Balconies / Stoops ‐Landscape / Stormwater Planters ‐TOTAL 4,851

OPTION 2: 5 Floors over podium parking

BUILDING AREASHOUSING UNIT SUMMARY 1br 2br 3br Unit Count Gross Area Residential Parking Office Common Circ./Serv. CourtyardGround Floor ‐ ‐ ‐ ‐ 22,455            ‐                16,467        936             ‐                 5,052               ‐                   2nd Floor 7 3 4 14 17,441            11,028          ‐               ‐              1,476             4,937               4,851               3rd Floor 7 5 4 16 17,441            12,964          ‐              ‐                 4,477               ‐                   4th Floor 8 5 4 17 17,441            13,662          ‐               ‐              ‐                 3,779               ‐                   5th Floor 8 5 4 17 17,441            13,662          ‐               ‐              ‐                 3,779               ‐                   6th Floor 8 5 4 17 17,441            13,662          ‐               ‐              ‐                 3,779               ‐                   TOTAL 38 22 20 80 109,660         64,978          16,467        936             1,476             25,803             4,851               Multifamily Unit % 48% 27% 25% 100% GROSS AREA does not include courtyard area

target unit mix 0% 0% 0% 0%Unit Sizes 1br 2br 3br TOTALS SITE STATSGross Residential Area ‐ ‐ ‐ 64,978 ‐ Zone Site Area (sf) Site Area (ac) FAR DensityNet Residential Area ‐ ‐ ‐ 58,480 33,743 0.77 3.25 103 duaAVERAGE NET UNIT SIZES ‐ ‐ ‐ 731 overall net avgAVERAGE GROSS UNIT SIZES ‐ ‐ ‐ 812 overall gross avg

‐ ‐ ‐ ‐ target avg unit gross unit size

RES PARKING SUMMARY SpacesStandard parking 36Accessible spaces 5Compact parking ‐TOTAL 41Res Parking Ratio 0.5 per unitVisitor parking on site 0

RETAIL PARKING SUMMARY SpacesParking (on‐street) 47

‐‐

TOTAL 47Retail Parking Ratio 2.9 per 1000 sf

OUTDOOR AREAS TotalsShared Terraces ‐Courtyard 4,851Private Balconies / Stoops ‐Landscape / Stormwater Planters ‐TOTAL 4,851

OPTION 2: 5 Floors over podium parkingBUILDING AREAS

HOUSING UNIT SUMMARY 1br 2br 3br Unit Count Gross Area Residential Parking Office Common Circ./Serv. CourtyardGround Floor ‐             ‐             ‐             ‐               22,455 ‐ 16,467 936 ‐ 5,052 ‐2nd Floor 7                3                4                14                17,441 11,028 ‐ ‐ 1,476 4,937 4,8513rd Floor 7                5                4                16                17,441 12,964 ‐ ‐ 4,477 ‐4th Floor 8                5                4                17                17,441 13,662 ‐ ‐ ‐ 3,779 ‐5th Floor 8                5                4                17                17,441 13,662 ‐ ‐ ‐ 3,779 ‐6th Floor 8                5                4                17                17,441 13,662 ‐ ‐ ‐ 3,779 ‐TOTAL 38              22              20              80                109,660 64,978 16,467 936 1,476 25,803 4,851Multifamily Unit % 48% 27% 25% 100% GROSS AREA does not include courtyard area

target unit mix 0% 0% 0% 0%Unit Sizes 1br 2br 3br TOTALS SITE STATSGross Residential Area ‐ ‐ ‐ 64,978 ‐ Zone Site Area (sf) Site Area (ac) FAR DensityNet Residential Area ‐ ‐ ‐ 58,480 33,743 0.77 3.25 103 duaAVERAGE NET UNIT SIZES ‐ ‐ ‐ 731 overall net avgAVERAGE GROSS UNIT SIZES ‐ ‐ ‐ 812 overall gross avg

‐ ‐ ‐ ‐ target avg unit gross unit size

RES PARKING SUMMARY SpacesStandard parking 36Accessible spaces 5Compact parking ‐TOTAL 41Res Parking Ratio 0.5 per unitVisitor parking on site 0

RETAIL PARKING SUMMARY SpacesParking (on‐street) 47

‐‐

TOTAL 47Retail Parking Ratio 2.9 per 1000 sf

OUTDOOR AREAS TotalsShared Terraces ‐Courtyard 4,851Private Balconies / Stoops ‐Landscape / Stormwater Planters ‐TOTAL 4,851

OPTION 2: 5 Floors over podium parking

22 (+1) 80 (+1)

Manager’s unit is not included when counting the unit mix %

REDWOOD CITY, CA | AUGUST 27, 2020

0 40’20’

609 PRICE AVE | FLOOR PLANS & STATISTICS

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REDWOOD CITY, CA | AUGUST 27, 2020

609 PRICE AVE | RENDER

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2175 MARKET STREET, SAN FRANCISCO - 6 STORIES

1701 EL CAMINO REAL, EAGLE PARK, MOUNTAIN VIEW - 4 STORIES

OHLONE GARDENS - 4 STORIES, MIXED USE

HANA GARDENS, SAN PABLO COMMERCIAL CORRIDOR, EL CERRITO - 4 STORIES

COURTYARD PLAY AREA, OHLONE GARDENS

1101 CONNECTICUT STREET, SAN FRANCISCO - 5 STORIES

REDWOOD CITY, CA | AUGUST 27, 2020

609 PRICE AVE | PROJECT EXAMPLES